Arbor Metals (CVE:ABR) Shares Up 34.6% – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price shot up 34.6% during trading on Monday . The stock traded as high as C$0.35 and last traded at C$0.35. 110,391 shares changed hands during trading, a decline of 38% from the average session volume of 178,423 shares. The stock had previously closed at C$0.26.

Arbor Metals Stock Up 26.9%

The business has a fifty day simple moving average of C$0.17 and a 200 day simple moving average of C$0.19. The company has a market cap of C$27.24 million, a price-to-earnings ratio of 33.00 and a beta of 1.78.

Arbor Metals Company Profile

(Get Free Report)

Arbor Metals Corp. identifies, acquires, explores, and develops natural resource properties in Canada. The company has interests in the Jarnet, Corvette Lake, and St. Pierre lithium projects comprising 83 map-designated claims, covering an area of approximately 5,606 hectares located in the James Bay region of Quebec. The company was formerly known as Vela Minerals Ltd. and changed its name to Arbor Metals Corp. in August 2019. Arbor Metals Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Recommended Stories

Receive News & Ratings for Arbor Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbor Metals and related companies with MarketBeat.com's FREE daily email newsletter.